There is significant flaw in your logic. The irony is you ended...

There is significant flaw in your logic. The irony is you ended that post by saying you can't make this stuff up... Yet you've done a pretty good job of doing exactly that.

KRR reports costs on a per tonne basis given multi-metal production, it's too difficult to attribute opex amongst each individual metal on per pound basis.

Take a look at TNG's DFS as an example, who have reported $185/tn total operating costs (inclusive of BOOT payments). Applying your logic (flawed) divide that by 2,200 then divide by their head grade = $29.00/lb operating cost? Keep in mind they used US$10.00/lb V2O5 and still boast a pre-tax project NPV(10%) of AU$3.8b?

Also just to confirm from my earlier post. The production capacity of this proposed circuit seems to be indeed 1,600,000 t/yr in comparison to AVL 900,000 t/yr so KRR plant is 80% larger.